D.Y. Chandrachud,Chief Justice of India The CJI said he was...
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Heat-dome: Indian Temperatures Beyond the Heatwave?
Robert Muir-Wood,Chief Research Officer, Moody’s RMS Mitigation is...
Embarking ESG: Changing Investment Paradigm
While the integration of ESG in the life insurance sector presents...
Brutal Summer’s record-high temperatures flare up extreme events in Northern Hemisphere
Extremes are piling up in what’s poised to be a brutal summer as the planet warms. Climate change is intensifying many unusual weather patterns to the point that scientists are able to detect its influence nearly in real time. That’s been the case during the heatwave that’s boiled Canada and the U.S. northwest this season, as well as the heatwave that hit Siberia last year.
Global financial regulators attempt to align rules on climate risks
The Financial Stability Board (FSB), which coordinates financial rules for the G20 group of nations, said its “roadmap” seeks to coordinate approaches to disclosures by companies and plug gaps in the data needed to spot financial stability “vulnerabilities” and develop tools to address them.
The roadmap attempts to align rules still in the planning stage between now and 2023 to avoid more divergences between various measures for the same activity.
Swiss Re’s Nina Arquint receives `The 2021 Geneva Association Women in Insurance Award”
Jad Ariss, Managing Director of The Geneva Association, said: “I congratulate Nina Arquint on winning this award, which recognises her leadership role in reducing the underwriting of coal, the most polluting and carbon-intensive fuel, and her great dedication to tackling environmental risks. Ms Arquint and her team have made demonstrable contributions to reducing the financial viability of coal and contributing to accelerating its phase-out globally. This work is in alignment with The Geneva Association’s mission to promote the use of insurance to create a better, more resilient, and more sustainable world.”
Solarwatt flexes muscles in home energy storage fight with Shell, Tesla
The wall box allows homeowners to control when and how much home-produced photovoltaics (PV) power they store, use to charge their electric vehicles (EVs), or sell to the grid.
Unveiling its last petrol car, Lotus sets off in pursuit of Porsche
The Emira, which will start at around 60,000 pounds ($83,000), is the first new petrol Lotus model in more than a decade but it will be the last powered by fossil fuels.
Lotus is currently developing an electric sports car platform in partnership with Renault for the French company’s Alpine brand, and that framework will also be available to other carmakers.
Lotus and its Chinese owner Geely want to transform what is now a tiny company making some 1,500 sports cars a year into an electric powerhouse churning out tens of thousands of high-end saloons and sports-utility vehicles (SUVs) as well.
Glass Lewis recommends vote against Adani director over Australian project
Adani Enterprises’ Australian unit, Bravus Mining & Resources, is developing the Carmichael mine in Queensland to sell thermal coal to India – a controversial project due to concerns about global warming. The coal will be transported via the Abbot Point Terminal.
Public, not polluters, too often pay to clean up environment, EU auditors say
“Polluters need to pay for the environmental damage they cause,” said report author Viorel Stefan. “Up to now, though, European taxpayers have far too often been forced to bear the costs that polluters should have paid.”
The auditors looked at a sample of 42 environmental clean-up projects, backed by 180 million euros ($214 million) of EU funds, to fix issues like industrial pollution and contaminated landfill sites in Italy, Poland and Portugal.
Govt may issue guidelines for ‘flex-fuel’ vehicles by October
The government is also working on an incentive scheme to promote manufacture and use of flex engines in vehicles. The details would be specified when policy in this regard is unveiled.
The use of flexible fuel vehicles (FFVs) is being actively looked at by the government to ensure increased use of bio-fuels for running vehicles, Petroleum Secretary Tarun Kapoor had told IANS earlier.
Heatwave claims over 17,000 lives in 50 years in India: Study
Heatwave is one of the extreme weather events (EWE). In 50 years (1971-2019) EWE killed 1,41,308 people. Of this, 17,362 people were killed due to heatwave — a little over 12 percent of the total deaths recorded, the study said.
The maximum heatwave deaths were in Andhra Pradesh, Telangana and Odisha, it added.
The research paper was authored by M Rajeevan, Secretary of Ministry of Earth Science, along with scientists Kamaljit Ray, S S Ray, R K Giri and A P Dimri, earlier this year. Kamaljit Ray is the lead author of the paper.
Study indicates association of cloud bursts with forest fires
The study led by Alok Sagar Gautam from HNB Garhwal University and co-authored by S N Tripathi from Indian Institute of Technology, Kanpur, and Abhishek Joshi, Karan Singh, Sanjeev Kumar, R C Ramola from HNB Garhwal University can help improve the understanding of the complex mechanism of cloud burst, weather prediction and climate change condition over this region of Himalayas, the DST said.